WS #11540
Microsoft cuts 4,800 jobs (2.1% of workforce), with 3,200 in Xbox division, as part of AI-driven cost restructuring; negative for MSFT. Nvidia rises after refuting report of next-gen chip delay, providing a bullish counter-signal for NVDA. Broadcom extends Apple chip supply deal through 2031, bullish for AVGO and AAPL.
Microsoft massive layoffs and Xbox restructuring
Microsoft cuts 4,800 jobs (2.1% of workforce), with 3,200 in Xbox division, as part of AI-driven cost restructuring; negative for MSFT.
Nvidia rises after refuting report of next-gen chip delay, providing a bullish counter-signal for NVDA.
Broadcom extends Apple chip supply deal through 2031, bullish for AVGO and AAPL.